Shaw: Quantum Computing Threat to Bitcoin Is Nonsense, FUDsters Know Nothing

BlockBeats News, December 31st. ElizaOS founder Shaw shared his views on the "quantum computing threat to Bitcoin." Its realization is much further away than what the media is currently reporting. For hash functions like SHA-256, the Grover algorithm only reduces the search space from 2^256 to 2^128, but 2^128 is still infeasible to break. The Shor algorithm theoretically can break RSA/ECDSA encryption, but current quantum computers typically rely on preprocessing or known factor optimization, not a pure universal implementation of Shor's algorithm.

To crack Bitcoin, a real-time running network, would require fast and repetitive executions. If successful, all encrypted data would be exposed, making Bitcoin just a minor issue at that point. Modern cryptography has always assumed future computational growth, and quantum acceleration has been anticipated and factored in decades ago. Whenever you see fear-mongering or hype around quantum computing, please remember: these people know absolutely nothing.